S&P 500   4,288.05
DOW   33,507.50
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This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
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This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
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This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 9/29/2023
MarketBeat Week in Review – 9/25 - 9/29
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 9/29/2023
MarketBeat Week in Review – 9/25 - 9/29
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 9/29/2023
MarketBeat Week in Review – 9/25 - 9/29
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
NASDAQ:KRMD

KORU Medical Systems (KRMD) Stock Forecast, Price & News

$2.70
-0.08 (-2.88%)
(As of 09/29/2023 ET)
Compare
Today's Range
$2.65
$2.82
50-Day Range
$2.37
$3.08
52-Week Range
$2.13
$4.48
Volume
42,490 shs
Average Volume
50,017 shs
Market Capitalization
$123.23 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.88

KORU Medical Systems MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.5% Upside
$3.88 Price Target
Short Interest
Healthy
0.81% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.44mentions of KORU Medical Systems in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$114,828 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.20) to ($0.16) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.38 out of 5 stars

Medical Sector

263rd out of 970 stocks

Surgical & Medical Instruments Industry

35th out of 99 stocks


KRMD stock logo

About KORU Medical Systems (NASDAQ:KRMD) Stock

KORU Medical Systems, Inc. designs, manufactures, and markets portable medical devices primarily for the subcutaneous drug delivery market in the United States and internationally. It offers mechanical infusion product comprising the FREEDOM infusion systems that include the FREEDOM60 syringe driver, the FreedomEdge syringe driver, HIgH-Flo subcutaneous safety needle sets, and precision flow rate tubing. The company also provides education and training materials to clinicians, patients, and patient advocates. It sells its products through direct sales and medical device distributors, as well as online. The company was incorporated in 1980 and is headquartered in Mahwah, New Jersey.

KRMD Price History

KRMD Stock News Headlines

This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
Fraud Expert: Dump these three popular stocks
A major (and legal) market manipulation scheme is about to play out. It could cost you a fortune – or double your money. You choose. Find out what he knows, here.
Earnings Preview For KORU Medical Systems
KORU Medical Systems appoints CFO
See More Headlines
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KRMD Company Calendar

Last Earnings
8/09/2023
Today
9/30/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:KRMD
Employees
85
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.88
High Stock Price Forecast
$4.50
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+43.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-8,660,000.00
Pretax Margin
-33.95%

Debt

Sales & Book Value

Annual Sales
$27.90 million
Book Value
$0.69 per share

Miscellaneous

Free Float
33,955,000
Market Cap
$123.23 million
Optionable
Not Optionable
Beta
0.37
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Key Executives

  • Ms. Linda M. Tharby (Age 55)
    Pres, CEO & Director
    Comp: $962.6k
  • Mr. Thomas Adams (Age 50)
    Chief Financial Officer
    Comp: $381.9k
  • Mr. Brian Case (Age 50)
    Chief Technology Officer
    Comp: $356.31k
  • Mr. Christopher Pazdan
    Sr. VP of Operations
  • Mr. Rob Cannon
    VP of Sales













KRMD Stock - Frequently Asked Questions

Should I buy or sell KORU Medical Systems stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KORU Medical Systems in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KRMD shares.
View KRMD analyst ratings
or view top-rated stocks.

What is KORU Medical Systems' stock price forecast for 2023?

4 Wall Street analysts have issued 12 month target prices for KORU Medical Systems' stock. Their KRMD share price forecasts range from $3.00 to $4.50. On average, they expect the company's share price to reach $3.88 in the next year. This suggests a possible upside of 43.5% from the stock's current price.
View analysts price targets for KRMD
or view top-rated stocks among Wall Street analysts.

How have KRMD shares performed in 2023?

KORU Medical Systems' stock was trading at $3.57 at the beginning of the year. Since then, KRMD stock has decreased by 24.4% and is now trading at $2.70.
View the best growth stocks for 2023 here
.

Are investors shorting KORU Medical Systems?

KORU Medical Systems saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 338,900 shares, an increase of 7.7% from the August 31st total of 314,700 shares. Based on an average trading volume of 89,500 shares, the short-interest ratio is currently 3.8 days. Currently, 0.8% of the shares of the stock are short sold.
View KORU Medical Systems' Short Interest
.

When is KORU Medical Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our KRMD earnings forecast
.

How were KORU Medical Systems' earnings last quarter?

KORU Medical Systems, Inc. (NASDAQ:KRMD) released its quarterly earnings results on Wednesday, August, 9th. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.05). The company had revenue of $6.94 million for the quarter, compared to analyst estimates of $6.93 million. KORU Medical Systems had a negative net margin of 27.55% and a negative trailing twelve-month return on equity of 26.65%.

What guidance has KORU Medical Systems issued on next quarter's earnings?

KORU Medical Systems updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $31.00 million-$32.50 million, compared to the consensus revenue estimate of $31.51 million.

What other stocks do shareholders of KORU Medical Systems own?
What is KORU Medical Systems' stock symbol?

KORU Medical Systems trades on the NASDAQ under the ticker symbol "KRMD."

How do I buy shares of KORU Medical Systems?

Shares of KRMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is KORU Medical Systems' stock price today?

One share of KRMD stock can currently be purchased for approximately $2.70.

How much money does KORU Medical Systems make?

KORU Medical Systems (NASDAQ:KRMD) has a market capitalization of $123.23 million and generates $27.90 million in revenue each year. The company earns $-8,660,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis.

How can I contact KORU Medical Systems?

KORU Medical Systems' mailing address is 24 CARPENTER RD, CHESTER NY, 10918. The official website for the company is www.korumedical.com. The company can be reached via phone at (845) 469-2042, via email at dsullivan@equityny.com, or via fax at 845-469-5518.

This page (NASDAQ:KRMD) was last updated on 9/30/2023 by MarketBeat.com Staff

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